Has anyone had a debt relief order?

Debt relief order I have been advised to apply for a debt relief order and wondered if anyone had any advice?

• I have about £13000 debts and have been paying a certain amount off each month via CCCS. However due to health implications, I have asked for voluntary redundancy although I am at retirement age I was not due to retire until December. I have been advised by CCCS that I should apply for a debt relief order to deal with my debts rather than go bankrupt, after they had worked out my income I would just have a state pension with pension creidt. I am a council tenant so would get help with rent and council tax. However if I got the redundancy payment I would like to pay back my son in law who has lent me money over the last ten years or so who is now himself in financial difficulty. This would probably leave me with about £2000 - would this affect the debt relief order or would they expect me to pay part of my debts with the redundancy payment.

• Answer:

  Hi Carole, I have a feeling you can't apply for a dro if your assets are over £300. Definitely with bankruptcy they would want your £2k, so don't go there. Try asking on the consumer forum debt site, it's probably the best in the UK for giving debt advice. The people on there are giving advice 24/7 whereas on there are just passing guessers. http://www.consumeractiongroup.co.uk/forum/debt-collection-industry/